In 2020, Mahindra & Mahindra had fired two-thirds of its employees from the plant of North America.
Indian auto company Mahindra & Mahindra (M&M) has made layoffs after reviewing its US business. Earlier in the company, even in 2020, hundreds of employees were fired during restructuring.
- January 13, 2021, 9:02 PM IST
Only the profiteering employees were kept together
In 2020, during the restructuring of Mahindra & Mahindra, hundreds of employees were fired. This reduction was two-thirds of the total staff of Mahindra Automotive North America (MANA). The company cut positions on engineer, manufacturing and sales executives. This North American unit of M&M manufactures off-road vehicle rockers. The company has made these cuts after reviewing its business. According to sources, the company has decided to retain only those employees who can make profit (Profit Makers).
read this also- Income tax department started faceless penalty scheme, know what will be the responsibilities of its national-regional centerM & M’s ban on selling Roxer in America
Mahindra Automotive North America has said that they have fired some employees due to the epidemic and an International Trade Commission lawsuit. However, the company has not given the total number of people removed. Let us know that there is a long legal battle between Mahindra and Fiat Chrysler Automobiles (FCA) in the case of violation of Intellectual Property Act. For this reason, the Indian auto manufacturer has been stopped from selling its Roxer vehicle in the US.